BitcoinIsFuture -- 59d that is nice and I would like to see as much as possible of it but we should not be naive to think that the banksters with power and money won't fight to keep their positions replythat is nice and I would like to see as much as possible of it but we should not be naive to think that the banksters with power and money won't fight to keep their positions
thread · root 50b0c6ab…9770 · depth 11 · · selected 5f1727c0…4cb3
thread
root 50b0c6ab…9770 · depth 11 · · selected 5f1727c0…4cb3
The answer was known 5 years ago, when Monero Bros figured that fractional reserves have been weaponised toprice suppress.Bitcoiners were to proud of fiat NGU at that time to read between the lines and prepare a proper defense againstthis attack.But realistically it all started in 2017 with CME and CBOE "adoption" to "tame the prices"nostr:nevent1qqsdee7tv3x3nc2h2v5lr6a6tj4dfqmrunh86cfmvsqruvtsqv6cyuqpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzp3ya22jhxdn8j2u6dey9zkru9qzzlvj05439cmt8hry4ep634js4qvzqqqqqqyeknymc
Seems like a terrible FUD.How is Monero immune to such attack if at some point it becomes widely adopted?It will be even worse. Because Bitcoin is easily auditable. And thats a good feature.Also you can't stop anyone adopting Bitcoin or also Monero. To buy it, to mine it.Those grifter mf will be audit and Bitcoin's price will be fine again.The Bitcoin OG's know what they hodl. They hodl Freedom Money and Bitcoin businesses are growing. The Bitcoineconomy is getting stronger every day. There are lawful ways to stop scammers and grifters.
This is why we cheer delistings. Because there are fewer platforms available for monkey business.We aren't interested in adoption by normies. They're not interested in freedom and we don't believe you canlegislate freedom to people.The people want convenient cucked money.
Nothing stops Bitcoin to be convenient. It depends on the wallet. Example BullBitcoin wallet that when you haveabove certain amout it moves them into your self-custody.You can cheer but you can't stop adoption.Paper Bitcoin, Paper Monero, Paper Gold - its a disgusting attack and nothing is immune. For that the auditorsand regulators need to do their job and counter the fraud.
Just answering your question.Monero has greater immunity because it doesnt try to be adopted by normies on CEXs.Begging for institutional adoption and normie usage is why paper Bitcoin happened.
Even if you are against it, you can't stop adoption.Monero does not have greater immunity. It is not that exposed to this attack due to current narrow adoption.In fact Monero has less immunity due to harder auditability.
paper Bitcoin doesn't care about L1 auditability.
When the auditors start checking the accounts of the fraudsters ETFs or banks it does.
congratulationsyouve recreated bank runs and dependency on 3rd party auditors
you could just solve the underlying problem insteadnostr:nevent1qvzqqqqqqypzp7v96vy3jlyqtct3n3e3sk6hflp7usra0sdkz477axwx4n39nxamqy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qgnwaehxw309ahkvenrdpskjm3wwp6kytcqyrknwnq44ddm4dzachz6v6m47c457ks6n0xdfaq585m3898ja4t2637nr44
that is nice and I would like to see as much as possible of itbut we should not be naive to think that the banksters with power and money won't fight to keep their positions
Seems like a terrible FUD.
How is Monero immune to such attack if at some point it becomes widely adopted?
It will be even worse. Because Bitcoin is easily auditable. And thats a good feature.
Also you can't stop anyone adopting Bitcoin or also Monero. To buy it, to mine it.
Those grifter mf will be audit and Bitcoin's price will be fine again.
The Bitcoin OG's know what they hodl. They hodl Freedom Money and Bitcoin businesses are growing. The Bitcoin economy is getting stronger every day. There are lawful ways to stop scammers and grifters.
f985d309…9bbb -- 59d [parent] | reply [1 reply]This is why we cheer delistings. Because there are fewer platforms available for monkey business. We aren't interested in adoption by normies. They're not interested in freedom and we don't believe you can legislate freedom to people. The people want convenient cucked money.
BitcoinIsFuture -- 59d [parent] | reply [1 reply]Nothing stops Bitcoin to be convenient. It depends on the wallet. Example BullBitcoin wallet that when you have above certain amout it moves them into your self-custody. You can cheer but you can't stop adoption. Paper Bitcoin, Paper Monero, Paper Gold - its a disgusting attack and nothing is immune. For that the auditors and regulators need to do their job and counter the fraud.
f985d309…9bbb -- 59d [parent] | reply [1 reply]Just answering your question. Monero has greater immunity because it doesnt try to be adopted by normies on CEXs. Begging for institutional adoption and normie usage is why paper Bitcoin happened.
BitcoinIsFuture -- 59d [parent] | reply [1 reply]Even if you are against it, you can't stop adoption. Monero does not have greater immunity. It is not that exposed to this attack due to current narrow adoption. In fact Monero has less immunity due to harder auditability.
f985d309…9bbb -- 59d [parent] | reply [1 reply]paper Bitcoin doesn't care about L1 auditability.
BitcoinIsFuture -- 59d [parent] | reply [1 reply]When the auditors start checking the accounts of the fraudsters ETFs or banks it does.
f985d309…9bbb -- 59d [parent] | reply [1 reply]congratulations youve recreated bank runs and dependency on 3rd party auditors
f985d309…9bbb -- 59d [parent] | reply [1 reply]you could just solve the underlying problem instead nostr:nevent1qvzqqqqqqypzp7v96vy3jlyqtct3n3e3sk6hflp7usra0sdkz477axwx4n39nxamqy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qgnwaehxw309ahkvenrdpskjm3wwp6kytcqyrknwnq44ddm4dzachz6v6m47c457ks6n0xdfaq585m3898ja4t2637nr44